Compliance Coordinator

Reposted 18 Days Ago
Be an Early Applicant
29601, Greenville, SC, USA
In-Office
Mid level
Professional Services • Real Estate • Financial Services
The Role
Ensure property compliance with IRS Section 42 LIHTC and HOME fund rules by processing and reviewing move-ins and recertifications, advising property management, maintaining state reports, and standardizing procedures.
Summary Generated by Built In

POSITION SUMMARY

The Compliance Coordinator ensures the of residents living on of Ambling Tax Credit Properties comply with the IRS Section 42, Low Income Housing Tax Credit (LIHTC) Program by performing the following duties.

ESSENTIAL FUNCTIONS STATEMENT(S)

  • Provide expertise, advice and support to property managers and property management personnel in the overall development of the compliance program and compliance issues.

  • Process certifications for lease up and on an as needed basis to maintain each properties compliance requirements.

  • Review all re-certifications for compliance and documentation. Ensure timely completion.

  • Follow up to ensure established procedures are being observed and compliance is maintained.

  • Review/Approve all signed TIC files from Move Ins and Recertifications.  Ensure all required documentation is obtained by the property.

  • Review recert log weekly and follow up with properties to keep them on track to get all recerts completed by the recert due date.

  • Maintain working knowledge of Section 42 and HOME Funds including, but not limited to state requirements and company mandates.

  • Complete and maintain state compliance reports.

  • Assist with development of programs that will continually standardize and organize property tax credit procedures.

  • Perform other duties and functions as directed by Director of Compliance or VP of Operations.

  • Perform at high level of professionalism, maintain the strictest levels confidentiality and abide by all policies and procedures of the company.

Qualifications

Education: Bachelors degree (B.A.) or equivalent from a 4-year college or technical school. Must demonstrate literacy in the English language including reading.

Experience: Three to four years of related experience and/or training or job related experience.

Computer Skills: Working knowledge of; Microsoft Office Suite, Property Management software (i.e. One-Site, Real Page).

Certificates & Licenses: Valid State Issued Drivers License

Other Requirements: Authorized to work in the United States

Skills Required

  • Bachelor's degree (B.A.) or equivalent from a 4-year college or technical school
  • Three to four years of related experience and/or training or job related experience
  • Working knowledge of Microsoft Office Suite
  • Experience with property management software (One-Site, RealPage)
  • Valid state-issued driver's license
  • Authorized to work in the United States
  • Literacy in the English language, including reading
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The Company
Year Founded: 1997

What We Do

Ambling operates and manages multi-family real estate assets and portfolios throughout the southeast, specializing in developing and managing multifamily and senior properties. Their mission is to provide investors with consistent returns while managing risk and increasing asset value.

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